State completes exit from AIB as bank chief expresses regret over bailout

State completes exit from AIB as bank chief expresses regret over bailout

The Irish State has sold its final shareholding in AIB, completing a 16-year journey that began with the bank’s rescue during the 2008 financial crisis and generating €305.3 million in the process. Finance Minister Paschal Donohoe announced the sale of the State’s remaining 2.06% stake at €6.94 per share through an accelerated bookbuild transaction, marking … Read more